Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action. Update: High timeframes “remain bullish” Despite losing $4,000 in a single day on Nov. 10 and trending sideways since, Bitcoin is anything but bearish, many analysts argue. With short-term conditions punishing leveraged long traders but funding rates still high, however,… Source link

It’s been a hot year for cryptocurrency, and Bitcoin (CRYPTO:BTC) is no exception. In recent weeks, the price of Bitcoin has soared, leaving many investors to wonder whether they should dive in. But is it the right time for you to be buying Bitcoin? Ask yourself these questions to find out. Image source: Getty Images. 1. What’s my risk tolerance? For some people, buying stocks is a scary idea, due to the risks involved. Bitcoin, however, can be an… Source link

Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC: Consolidation becomes down move Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range. The pair had spent the previous day tracing sideways — behavior that was now showing signs of breaking down. For popular analysts, however, such BTC price… Source link

AMC opens up to cryptocurrencies The announcement via its CEO, Adam Aron, on Twitter: Big newsflash! As promised, many new ways NOW to pay online at AMC.  We proudly now accept: drumroll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next. The announcement dates back a few hours ago but is getting a wider airing now. In any case, this was already in the… Source link

Ethereum Ethereum rose by 1.94% on Thursday. Partially reversing a 2.10% loss from Wednesday, Ethereum ended the day at $4,721.87. A mixed start to the day saw Ethereum fall to an early morning intraday low $4,578.05 before making a move. Steering clear of the first major support level at $4,439, Ethereum rose to a late afternoon intraday high $4,783.05. Falling short of the first major resistance level at $4,847, Ethereum fell back to end the day at $4,720 levels. At the time of writing,… Source link

Even though many investors believe that bitcoin is the best cryptocurrency, other cryptos also merit recognition. For instance, litecoin is one of the cryptos that has consolidated its position in the market within a short period of time. It is one of the most correlated altcoins with bitcoin. According to a survey, almost 10% of the crypto investors own litecoin, which makes it the fourth most popular cryptocurrency. Currently, several companies and financial institutions have taken a real… Source link

While many pundits have labeled Solana (SOL) as an “Ethereum killer” due to its lower fees and faster transaction times, Solana Labs co-founder Raj Gokal said the project has no desire to kill the cryptocurrency — and wouldn’t be able to if it did. Gokal made the comments in response to a Nov.10 Twitter post from the co-founder of venture capital firm Placeholder, Chris Burniske who wrote that “despite pretty words, L1 knives are fully out. In crypto, generally, people want their… Source link

Volatility is the name of the game in the cryptocurrency market and the Nov. 11 evening sell-off in the price of Bitcoin (BTC) is a reminder that new all-time highs are often followed by sharp whipsaws to underlying support levels.  Data from Cointelegraph Markets Pro and TradingView shows that after dropping to a low near $62,800 late on Nov. 10, the price of Bitcoin managed to claw its way back up to the $65,000 level where bulls now look to consolidate and regroup for another push higher…. Source link

The social network cancelled plans to integrate Metamask and WalletConnector after outrage sparked by a tweet from its CEO teasing the features. Nov 11, 2021 at 8:11 p.m. UTC Updated Nov 11, 2021 at 8:53 p.m. UTC Discord co-founder and CEO Jason Citron (Kimberly White/Getty Images for TechCrunch) Source link

Ether (ETH) bulls seem excited by the recent $4,870 all-time high that was hit on Nov. 10. While it was a new high in U.S. dollar terms, ETH is still 51% below June 2017’s price in Bitcoin (BTC) terms. But it’s entirely possible that the 0.155 BTC level reached in the previous cycle reflected the overzealous expectations that were rampant during the initial coin offering frenzy.  The Ethereum network’s success has caused congestion and high fees, bringing the competition closer. For… Source link